price hit the very important resistant level at 25200( if you followed my last posts on BTC).
since then is moving sideways and I don't expect it breaks easily.
so very possible to decline at this level but where?....
I suggest you to watch those two dynamic support level on the chart because either the first
or second level I expect price bounce back upward and break the 25200 level finally
at the moment dropping below 22k not expected however we should follow the signs of action
more carefully to see what would happen next. until then strategy would the same and
you can track on my chart.
Enjoy the market
since then is moving sideways and I don't expect it breaks easily.
so very possible to decline at this level but where?....
I suggest you to watch those two dynamic support level on the chart because either the first
or second level I expect price bounce back upward and break the 25200 level finally
at the moment dropping below 22k not expected however we should follow the signs of action
more carefully to see what would happen next. until then strategy would the same and
you can track on my chart.
Enjoy the market
Trade active
bounced back exactly from the first area, lets see how it works later
Trade active
if the dynamic support area can not hold the price we can expect more declining to next support levels at 20800$ and 19600$. lets seeTrade closed: target reached
our expected target I mentioned in last post around 19600$ hit. I repost new analysis of what we have now
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.